ZIP 43462 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 43462 in the Toledo, OH MSA FMR area.

$830Efficiency
$8801 bedroom
$1,1502 bedrooms
$1,4703 bedrooms
$1,5604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$830$747$913$822
1 bedroom$880$792$968$875
2 bedrooms$1,150$1,035$1,265$1,145
3 bedrooms$1,470$1,323$1,617$1,461
4 bedrooms$1,560$1,404$1,716$1,558

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 43462

$65,858average adjusted gross income per tax return (2022)
$48,313average salaries and wages per return
520tax returns filed
21%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00025.0%
$25,000 to $50,00026.9%
$50,000 to $75,00019.2%
$75,000 to $100,00011.5%
$100,000 to $200,00017.3%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 13.5% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 43462?

HUD's FY2027 Small Area FMRs for ZIP 43462 (Toledo, OH MSA) are $830 efficiency, $880 one bedroom, $1,150 two bedrooms, $1,470 three and $1,560 four bedrooms.

What payment standard can a housing authority set in ZIP 43462?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $1,035 to $1,265.

How affordable is rent in ZIP 43462?

Tax returns filed from ZIP 43462 reported an average adjusted gross income of $65,858 (2022). A two-bedroom unit at the Small Area FMR costs $13,800 a year, or 21% of that income.